Landscape of Risk Transfer Solutions - Globally & in Europe
This presentation was given at a small workshop run by the MedEWSa Project in June 2025, Brussels. Workshop title was 'Risk Transfer for Climate Disasters'. The MedEWSa project (Mediterranean and pan-European forecast and early warning system against natural hazards) is an EU-funded initiative that aims to combine cutting-edge extreme weather forecasts, as part of an early warning system, with innovative risk transfer mechanisms, such as parametric insurance and forecast-based financing, to support faster, more effective recovery from climate disasters for regions across Europe, the Mediterranean, and Africa.The high-level workshop brought together experts from public institutions, private insurers and the humanitarian and scientific communities, to explore how financial tools can complement early warning systems to better protect lives, livelihoods, and infrastructure. Attendees include European Central bank, European Commission,Mitiga Solutions, insurance brokers Howden, Aon; insurers including Inigo Insurance, Globe (now Orvia) Underwriting; Capital Management, Twelve Securis.Structure of the presentation: Introduction to presenter representing specialist insurancer agency 'writing' clikate risk on forestry investmenrs; Finance source according to project type and size/value; Key climate risks and nature of agroforestry risk exposures; Risk transfer instruments - how they work, popularity, pros & cons and example parametric insurance products.
Authors
- Philip Lyall Cottle
Institutions
- ForestRe (United Kingdom) (GB)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2026-11-02
- DOI
- https://doi.org/10.5281/zenodo.23882376
- Primary Topic
- Insurance and Financial Risk Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00